Income under the self-employed persons' (YEL) and farmers' (MYEL) pension insurance schemes

The annual income for self-employed persons includes the confirmed income under the Self-Employed Persons’ Pensions Act (YEL) or the Farmers’ Pensions Act (MYEL) for the 12-month reference period. The annual income does not include wage income from one’s own company or income from self-employment.

If the confirmed income under the Self-Employed Persons’ Pensions Act (YEL) or the Farmers’ Pensions Act (MYEL) has changed during the reference period, the average confirmed income is used.

Example

Liisa’s work disability starts 15 February 2020. The reference period is 1 January–31 December 2019. The YEL income is EUR 20,000 per year.

The annual income includes the YEL income. 

The amount of the allowance for parents is approximately EUR 46 per working day.*

*) Estimate

Self-employment and paid employment

If you are both self-employed and in paid employment outside your own business, both these income sources are used as a basis for calculating the sickness allowance.